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PCFs for Chart Patterns? Rate this Topic:
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pmckeon
Posted : Monday, September 24, 2007 3:43:28 PM
Registered User
Joined: 10/7/2004
Posts: 13
Can you point me to where I might find PCFs for chart patterns such as triangles, pennants, flags, etc.?

Thank you, Pat
Bruce_L
Posted : Monday, September 24, 2007 3:47:13 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You may wish to review the following for information on pattern recognition in TeleChart:

Falling wedge
Scanning for Chart Patterns
Scanning for Stocks Printing a Double or Triple Bottom
PCFs for pennants and flags
PCF's for Triangles
Does TeleChart support Elliott Wave indicators?
Double top/bottom trend
Finding Double Tops and Double Bottoms

That said, I personally think there is not a practical way to this using EasyScans and TeleChart's Personal Criteria Formula Language. This is true of pattern recognition in general with the exception of candlestick patterns:

Boolean PCFs for Candlestick Patterns

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
emmadaniel1
Posted : Thursday, September 27, 2007 7:37:26 AM
Registered User
Joined: 8/17/2007
Posts: 7
Hi

I just created a pfc for "Hanging man & Hammer" using your Formula. When I use it in easyscan the results are not only "Hanging Man & Hammer. Can you suggest what I'm doing wrong.

Thanks
Bruce_L
Posted : Thursday, September 27, 2007 8:23:17 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
emmadaniel1,
Not without additional feedback from you (I'm not a candlestick guy). Please give me an example symbol along with an objective description of why you think it is not a Hanging Man Candlestick Pattern.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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